Corporate Governance Report

Intended OutcomeEvery company is headed by a board, which assumes responsibility for the company’s leadership and is collectively responsible for meeting the objectives and goals of the company.

Practice 1.5Directors receive meeting materials, which are complete and accurate within a reasonable period prior to the meeting. Upon conclusion of the meeting, the minutes are circulated in a timely manner.

Application

Applied

Explanation on application of the practice

All Directors are furnished with comprehensive information including the meeting agenda usually at least five (5) business days before each Board meeting. During any time, all Directors are allowed access to the advice and services of the Company Secretary as well as to all information within the Group.

Besides, all Directors can obtain independent professional advice, whether individually or as a Board, where necessary and in appropriate circumstances at the Group’s expense.

All Directors are reminded to always ensure that minutes of Board meetings accurately reflect the full deliberations of the matter and decisions of the Board, including whether any Director abstains from voting or deliberating on a particular matter.

Explanation for departure

Large companies are required to complete the columns below. Non-large companies are encouraged to complete the columns below.

OTHERS
THREE-A RESOURCES BERHAD ("3A" OR THE "COMPANY") - PROPOSED RENEWAL OF AUTHORITY FOR SHARE BUY-BACK - PROPOSED RENEWAL OF SHAREHOLDERS MANDATE FOR THE COMPANY AND/OR ITS SUBSIDIARIES TO ENTER INTO RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
13 Apr 2018